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Partnership Deed

Class 12 Accountancy के इस tag से जुड़े questions। हर question के साथ chapter, topic, level और difficulty दी गई है।

AccountancyThe deed gives profit ratio among partners as two to two to one. If total profit is Rs 100000, what is the third partners share?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf a partnership deed provides that disputes are to be settled by arbitration (panch decision), which method should be followed before going to court?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed requires approval of all partners to open a new branch. This relates to which decision?Class 12Partnership Accounts - Basic ConceptsPartnership DeedEasy AccountancyIf the deed says A gets one fourth of profit in addition to salary and the remaining profit is shared equally, in what order is As share calculated?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe partners agree in the deed that A will not bear losses. How will this clause be treated in case of loss?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyThe deed says incoming partner B must bring premium along with capital on admission. This premium is generally related to what?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed makes revaluation compulsory on retirement of a partner, which account may be needed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed says the firm’s bank account will operate only with the joint signatures of A and B. What is the risk if A withdraws alone?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyIf the deed requires loan and capital to be kept separate, how will additional amount given by a partner be identified?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed states that A and B share profits in the ratio 4 : 1. From a remaining profit of Rs 75,000, what is B's share?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed provides for a partner's salary but the firm has made a loss, the correct treatment of the salary will depend on what?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed has no provision, how is a partners right to take part in firm business generally considered?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed says that on death of a partner goodwill will be twice the average profit of three years. For what is this information needed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed states that the firm will exist only for a specific project, what is indicated when the project is completed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed states that interest on partners capital will be treated as an expense before profit. What will be the effect?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed provides both salary and commission but net profit is low, what should be checked first?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyThe partnership deed states that A will get interest on capital but B will not. Is this arrangement valid?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the partnership deed stipulates that accounts must be audited at the year end, what will be the nature of the audit fee?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed says a partner cannot sell his share to an outsider, what does it relate to?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed says partner A will handle only the purchase department and B will handle the sales department. This relates to which clause?Class 12Partnership Accounts - Basic ConceptsPartnership DeedEasy